Sensteed Hi-tech Group (000981.SZ): Zhidao Technology plans to increase capital and expand shares, introducing Dongcheng Assets and Kaidi New Energy Investment with 330 million yuan.

Sensteed Hi-tech Group (000981.SZ) announced that Hefei Dongcheng Industrial Investment Co., Ltd. (referred to as "Dongcheng Investment"), Guangzhou Kaidexin Energy Industry Investment Partnership Enterprise (Limited Partnership) (referred to as "Kaidexin Energy"), the company's wholly-owned subsidiary Shanzishi Automotive Industry Group Co., Ltd. (referred to as "Shanzishi Automotive"), Ningbo Zhidao New Energy Industry Partnership Enterprise (Limited Partnership) (referred to as "Zhidao New Energy"), and Anhui Zhidao New Energy Technology Co., Ltd. (referred to as "Zhidao Technology" or the "target company") have jointly signed an "Equity Increase Agreement". As agreed by all parties to the agreement, Zhidao Technology will introduce strategic investors Dongcheng Investment and Kaidexin Energy through capital expansion. Dongcheng Investment and Kaidexin Energy will invest a total of RMB 330 million in the target company, acquiring 9.09% equity of the target company. Specifically, Kaidexin Energy plans to invest RMB 30 million in the target company, with RMB 4.5455 million included in the registered capital and RMB 25.4545 million included in capital reserves; Dongcheng Investment plans to invest RMB 300 million in the target company, with RMB 45.4545 million included in the registered capital and RMB 255 million included in capital reserves. The announcement stated that the company will waive its preemptive rights in this round of investment, based on the current operational situation and development strategy of the company, and it is also beneficial for optimizing the equity structure of Zhidao Technology and asset allocation.